| Product Code: ETC4487846 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Thailand solvents market is experiencing steady growth due to the increasing demand for solvents in various industries, including chemicals, coatings, and pharmaceuticals. The market is characterized by a variety of solvent types, such as hydrocarbons, alcohols, and esters, catering to diverse applications. Environmental regulations and a shift toward eco-friendly solvents are influencing market dynamics.
The Solvents market in Thailand is witnessing notable growth, driven by the diverse applications of solvents in industries such as paints, adhesives, and pharmaceuticals. Solvents play a crucial role in dissolving and dispersing various substances in formulations, contributing to product efficacy. The growth of the construction and manufacturing sectors in Thailand, coupled with the increasing demand for specialty chemicals, is contributing to the adoption of solvents. Moreover, the emphasis on sustainable and low-VOC (volatile organic compound) formulations is further propelling the positive trajectory of the solvents market.
The solvents market in Thailand faces challenges concerning environmental regulations and the push towards greener and more sustainable alternatives. The need for solvents with low toxicity and low environmental impact, along with evolving industry standards, contributes to the dynamic challenges in the market.
The Thailand Solvents market encountered challenges during the COVID-19 pandemic, with disruptions in the chemicals and manufacturing sectors. The market is recovering as industrial activities pick up, and there is an increasing demand for solvents in various applications. Manufacturers are focusing on providing environmentally friendly and low-VOC (volatile organic compounds) solvents to align with sustainability goals in the post-pandemic landscape.
SolventTech Innovations Ltd. holds a significant position in the Thailand Solvents market. Recognized for its production of solvents used in paints, adhesives, and chemical processes, SolventTech Innovations Ltd. contributes to providing a wide range of solvents with diverse applications. The company solvents play a crucial role in facilitating dissolution, dispersion, and formulation processes in the Thai market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Solvents Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Solvents Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Solvents Market - Industry Life Cycle |
3.4 Thailand Solvents Market - Porter's Five Forces |
3.5 Thailand Solvents Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Solvents Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Solvents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial activities and manufacturing sectors in Thailand |
4.2.2 Growth in the construction industry leading to higher demand for solvents |
4.2.3 Rising disposable income and changing lifestyles driving demand for consumer products that use solvents |
4.3 Market Restraints |
4.3.1 Environmental regulations and sustainability concerns impacting solvent usage |
4.3.2 Fluctuating raw material prices affecting production costs |
4.3.3 Competition from eco-friendly and bio-based solvents in the market |
5 Thailand Solvents Market Trends |
6 Thailand Solvents Market, By Types |
6.1 Thailand Solvents Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Solvents Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Solvents Market Revenues & Volume, By Alcohols, 2021-2031F |
6.1.4 Thailand Solvents Market Revenues & Volume, By Ketones, 2021-2031F |
6.1.5 Thailand Solvents Market Revenues & Volume, By Esters, 2021-2031F |
6.1.6 Thailand Solvents Market Revenues & Volume, By Glycol Ethers, 2021-2031F |
6.1.7 Thailand Solvents Market Revenues & Volume, By Aromatic, 2021-2031F |
6.1.8 Thailand Solvents Market Revenues & Volume, By Aliphatic, 2021-2031F |
6.2 Thailand Solvents Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Solvents Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.3 Thailand Solvents Market Revenues & Volume, By Polymer Manufacturing, 2021-2031F |
6.2.4 Thailand Solvents Market Revenues & Volume, By Printing Inks, 2021-2031F |
7 Thailand Solvents Market Import-Export Trade Statistics |
7.1 Thailand Solvents Market Export to Major Countries |
7.2 Thailand Solvents Market Imports from Major Countries |
8 Thailand Solvents Market Key Performance Indicators |
8.1 Adoption rate of green practices and eco-friendly solvents in the industry |
8.2 Investment in research and development for innovative solvent solutions |
8.3 Regulatory compliance and adherence to environmental standards |
8.4 Consumer awareness and preference for products using sustainable solvents |
8.5 Technological advancements in solvent extraction and production processes |
9 Thailand Solvents Market - Opportunity Assessment |
9.1 Thailand Solvents Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Solvents Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Solvents Market - Competitive Landscape |
10.1 Thailand Solvents Market Revenue Share, By Companies, 2024 |
10.2 Thailand Solvents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |